India’s Ministry of Shipping is reviving its long-contemplated plan to build a new container terminal at Tuna Tekra, about 15 miles from Kandla Port, a major public cargo gateway on the country’s west coast.

India’s state-owned major ports booked a 2.6 percent increase in container volumes in the first 11 fiscal months compared with the same period the prior fiscal year, the newest provisional port figures collected by JOC.com show.

The government of India on Wednesday approved a proposal by the Ministry of Shipping to secure up to $150 million in credit from the Export-Import Bank of India for the modernization and operation of cargo facilities at the port of Chabahar in Iran.

Mumbai-based J.M. Baxi Group is reportedly the final bidder for a public-private-partnership contract to upgrade, operate and maintain existing container terminal infrastructure at the Port of Kandla, a major, state-owned port complex on India’s west coast.